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S&P 500 market breadth

Trading session ·

On 2026-07-22, the S&P 500 Breadth Score was 522.32 out of 1100 (Neutral), equivalent to 47.48% sector-balanced Breadth Percent. Each of the 11 GICS sectors has equal weight.

Primary market state

Breadth Score

522.32/ 1100

Equivalent to 47.48% Sector Balanced Breadth.

Neutral

Broad participation is mixed across the S&P 500.

Market-state scale

Sector Balanced Breadth on a 0–1100 scale: 60% becomes 660 points. The same measure, expressed as a score.

How is the score calculated?

Find the share of eligible stocks above their 20-session moving average in each sector, then add the 11 sector percentages to get the Breadth Score. Every sector has equal weight. Divide the score by 11 to get Breadth Percent, also called Sector Balanced Breadth.

Across the index

Sector participation

Communication Services

43.48%

Neutral

10 of 23 eligible securities above SMA20

Consumer Discretionary

21.28%

Weak

10 of 47 eligible securities above SMA20

Consumer Staples

47.06%

Neutral

16 of 34 eligible securities above SMA20

Energy

90.48%

Extreme Strength

19 of 21 eligible securities above SMA20

Financials

68.42%

Strong

52 of 76 eligible securities above SMA20

Health Care

38.98%

Weak

23 of 59 eligible securities above SMA20

Industrials

44.44%

Neutral

36 of 81 eligible securities above SMA20

Materials

50.00%

Neutral

13 of 26 eligible securities above SMA20

Real Estate

35.48%

Weak

11 of 31 eligible securities above SMA20

Information Technology

31.08%

Weak

23 of 74 eligible securities above SMA20

Utilities

51.61%

Neutral

16 of 31 eligible securities above SMA20

This page shows the published result for this trading session. Read the calculation methodology for the formula, historical membership sources and eligibility rules.